After the stock’s first day of trading, it ended at $11.39 a share, up 8.48 percent over its initial price of $10.66 per share. At several points during the day, the stock rose higher before falling again, achieving a peak price $11.75 per share.

These results will be heartening for other Chinese tech companies considering a US IPO. Game companies in particular may be watching the stock’s performance closely over the next few weeks to see whether the price jump was an indication of day one excitement or whether it really represents a lot of interest in investing in Chinese gaming companies.